Some Must Reads for Real Estate Investors: Multi-Family Edition
Real Estate investing can be a daunting industry to break into! Between determining how to obtain financing, picking a property, and figuring out how to get the best ROI (return on investment) there is so much to know and learn that it can be overwhelming to the point of discouragement. One of the best ways to learn about real estate investing is to read books written by investors and other experts.
Below is a list of some of the most popular books among multi-family real estate investors.
Multi-Family Millions: How Anyone Can Reposition Apartments for Big Profits
This book is often mentioned as one of the best books to get started in multifamily investing. It focuses on scaling up from single family residences into multifamily. He offers strategies for finding the properties, fixing or flipping them, and then selling them. It uses a step-by-step system for each part of the investment, which can be great to use as a starting point for creating your own efficient system.
Crushing It in Apartments and Commercial Real Estate: How a Small Investor Can Make It Big
Crushing It in Apartments and Commercial Real Estate is a beginner’s guide to investing based on Murray’s experience bootstrapping his way from newbie investor to award-winning CEO of Washington Street Properties. Murray shares the secrets to his success through straightforward, actionable advice that will help you get started no matter what your experience level, or how much cash you have on hand. You’ll learn how to:
- Find and creatively finance commercial property
- Grow a portfolio without any help from outside investors and without taking on excessive debt
- Use your small-investor status as a competitive advantage over corporate investors
- Identify simple, practical ways to increase profits while keeping costs low
The Complete Guide to Buying and Selling Apartment Buildings
Whether you’re a first-time real estate investor or a seasoned professional, The Complete Guide to Buying and Selling Apartment Buildings helps you map out your future, find apartment buildings at a fair price, finance purchases, and manage your properties. Now revised and expanded, this Second Edition includes tax planning advice, case studies of real acquisitions, and appendixes that add detail to the big picture. Plus, it includes a handy glossary of all the terms investors need to know, helpful sample forms that make paperwork quick and easy, and updated real estate forecasts. With this comprehensive guide at hand you’ll find profits easy to come by.
How To Create Wealth Investing In Real Estate: How to Build Wealth with Multi-Family Real Estate
This is not a book about flipping or wholesaling homes, its about investing in real estate that is a proven method for creating massive wealth.
This book is about how you can buy income producing real estate, protect your capital, and provide you and your family with passive while the property pays down debt and you wait for asset appreciation.
This book focuses on buying and holding income-producing multifamily properties to provide passive income to support you and your family. The author worked his way to nearly 1 billion in real estate holdings with 5,000 units and shares the tools he used to get there. It details how to properly evaluate a property and then secure bank financing for a secure long term investment.
How to Make Big Money in Small Apartments
How to Make Big Money in Small Apartments reveals the opportunities, strategies, myths, secrets, and internal obstacles for those considering investing in multifamily housing. Readers will discover step-by-step approaches for finding and qualifying deals, identifying buyers or investors, monetizing small apartment deals, and how to scale-up to larger apartment communities in a readily understandable format.
Sharing his experiences along with over forty case studies of other successful investors, Edwards offers a guidebook to success for every investor, instructing both beginners and professionals on how to make money by wholesaling, buying, and/or rehabbing apartment buildings without using their personal cash or credit.
Dive in to learn proven strategies for moving into the fast lane and making small apartment deals now.
Investing in Apartment Buildings: Create a Reliable Stream of Income and Build Long-Term Wealth
The author of 2 Years to a Million in Real Estate gives you a step-by-step plan you can follow to generate a business plan that scales up as you grow. He helps guide you through the initial deal finding, how to manage the properties, and then how to exit and roll the profits into your next deal. It will help you build your real estate portfolio so you have income-producing properties to rely on.
The Science Of The Deal: The DNA Of Multifamily & Commercial Real Estate Investing
From his roots in Hyderabad, India, to the heart of Texas, Shravan Parsi tells the story of his journey from pharmaceutical scientist to founder and CEO of successful real estate investment firm American Ventures. The secret to his investment success is like any science: a marriage between quantitative and qualitative facts, between abstract numbers and concrete action. Here Parsi outlines the technical information you need to learn how to invest in multifamily and commercial real estate, how to understand what makes a good potential investment, and when to walk away. In conversational style, the book shares ideas about how to identify, evaluate, and mitigate risks; how to learn from downsides as well as upsides; and how giving back to your community is as important to success as the right numbers. It’s wisdom that benefits any entrepreneur.